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Author Topic: Are you ready for crypto investing in 2024?  (Read 725 times)
Russlenat
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January 02, 2024, 09:18:08 PM
 #61

Yes, I’m perfectly ready for my 2024 crypto investment as I have been DCAing since last year just to earn significant amount of bitcoin before bitcoin halving sets in. Good preparation means good outcome and profits, so I’m really rooting for it. But I don’t also close my mind from losing, because it will really happen no matter how good or expert we are in our investments.

2024 is another year of uncertainty in the crypto market. But if we are determined on our investments and we are focused on how to make it work and profits, I think we can always lessen the uncertainty in the market.

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January 02, 2024, 09:26:23 PM
 #62

Yes, I’m perfectly ready for my 2024 crypto investment as I have been DCAing since last year just to earn significant amount of bitcoin before bitcoin halving sets in. Good preparation means good outcome and profits, so I’m really rooting for it. But I don’t also close my mind from losing, because it will really happen no matter how good or expert we are in our investments.

2024 is another year of uncertainty in the crypto market. But if we are determined on our investments and we are focused on how to make it work and profits, I think we can always lessen the uncertainty in the market.
Year by year that would pass, we do learn up from our past mistakes on previous year on which it is really just that impossible for someone not to be able to point out on what are the mistakes that they have done last
year specially if it did really give out that kind of effect towards your investment or trading then it would really be just that normal that you would really be making out adjustments out of it.
This is why it would really be that better that you should really know on whats to remove and whats to add. You would really be that continously progress as you do go ahead on which it is really
just that a normal approach for someone who had been dealing with this market or investment.

You wont really be having no other way to take on but rather going forward. If you would really be surrendering on the things that you had experienced in the past
then it would be your own choice but we know that not all would really be that having that open mind for them to accept with those experiences and
they do stick on what they have been doing in the past, but well its their choice to make.

R


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January 02, 2024, 09:59:17 PM
 #63

Always ready for that. My goal is to gain more profits this year compared last year so the only way to make it happen is to keep investing in bitcoin until I can see my goals gradually happening in time. Altcoins can also be profitable if you invest in the right and reliable coins, but it’s hard to tell if we are in the right coins since the altcoin market is the playground of scammers. Hence, sticking to bitcoin for now should be our first and primary goal.

R


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January 02, 2024, 10:29:17 PM
 #64

This year I aim to earn more than last year or in 2023. I monitored and kept track of my tradings in different assets, including, of course, bitcoin, and based on my tracker or records, I quit earning some good amounts via trading, but this year I will invest more in trading. I just hope that I catch those opportunity trades and don't miss out on the big movements in the market.

It really helps a lot when you keep tracking every trade you do. Aside from the portfolio on the trading platform itself, I formulated and formatted my tracker into my desired output. So yeah, more on trader good trade, of course, and maybe I will expand on what assets or coins I will trade on. Altcoins may be risky, but I will try to find the altcoins that have the potential to give profit, and we hope bitcoin shows more incredible movements in the market.

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January 04, 2024, 03:52:19 PM
 #65

Just wanted to touch base and see how your holidays are going. Any significant updates in your portfolio?
Historical data indicates that significant holidays, such as Christmas, tend to bring about noticeable shifts in trading patterns and market sentiments.
I have kept Bitcoin in my portfolio for 2024. I will start 2024 crypto journey with Bitcoin. Also, I did not start my investment journey with unique altcoins which is why I did not keep other altcoins in my portfolio. I expect Bitcoin to halve in 2024. If Bitcoin halves, I will definitely see a lot of profit in my portfolio. I hope my 2024 crypto journey goes well.
It is expected that the bitcoin market will be good in the middle of this year. Those who invest now or those who have invested before can get good amount of profit if they can hold bitcoin. If the bitcoin market is good then all the altcoins will increase in price. I think  In addition to investing in Bitcoin, we need to find and invest in some good altcoins. Because sometimes there is a possibility of getting a good amount of profit by investing in altcoins, we need to find some good altcoins.


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January 04, 2024, 04:02:20 PM
 #66

Just wanted to touch base and see how your holidays are going. Any significant updates in your portfolio?
Historical data indicates that significant holidays, such as Christmas, tend to bring about noticeable shifts in trading patterns and market sentiments.
Personally I think the best period to invest in crypto had passed recall in November 2022 the price of all major cryptos experienced a bearish sentiment that is the price is at low thus opened opportunity for investors to buy at a very low price with DCA, some investors even bought with 3x leverage fast forward now in 2024 this is the period for profit taking as majority of the cryptos price had pumped and yielded good returns now and possibly a another round of bullish season is imminent with the approval of Bitcoin ETF by SEC and halving of Bitcoin later in the year those investors would have earned massive and huge profit after those events.

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January 04, 2024, 04:04:39 PM
 #67

after the new year holidays the market crashes, aka down prices. actually in the year of halving prices down it is best to buy. add to the portfolio so that you can profit a lot and maximise.
And of course trading on spot not in the future, because in the future is very risky. has a very high risk as well as forex.

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January 04, 2024, 04:35:36 PM
 #68

Honestly, I'm not ready yet. I haven't prepaid anything yet, I'm new to crypto and I'm still learning so I'm really nervous right now. Hoping that what I do will be okay because we are talking about money.



I want to believe you are joking right or you answered OP to fill up the post quota? You are here since 2016 and has been posting since then, I don't know how you were able to survive crypto till now and you said you are new to crypto or perhaps I should assume you have been here and has never bought and this is the first time you bought and hold a coin, right!



To OP, I have some bitcoin I have managed to hold till now and I'm holding tight, I'm compelled sometimes with life challenge to sell despite having some profits already but I'm still holding expecting what the future hold to bitcoin this time. I want to see how far we are going this time and what is going to happen before the halving and after the halving, specifically the fees that are now object of manipulation and discussion. I want to see how everything will go this time around and be part of the journey.

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January 04, 2024, 05:21:18 PM
 #69

Always ready for that. My goal is to gain more profits this year compared last year so the only way to make it happen is to keep investing in bitcoin until I can see my goals gradually happening in time. Altcoins can also be profitable if you invest in the right and reliable coins, but it’s hard to tell if we are in the right coins since the altcoin market is the playground of scammers. Hence, sticking to bitcoin for now should be our first and primary goal.

  Most of us here probably want to make a profit in the cryptocurrency business. And the others even have the goal of buying a house and land, a simple business, and a car. These are just some of the things we want to get and achieve through the crypto industry we live in.

  So with these goals, as investors, we must know how to analyze potential cryptocurrencies and, at the same time, have extensive knowledge of crypto trading and the use of tool indicators, because that is important for trading investors in this field.

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January 04, 2024, 07:10:20 PM
 #70

To OP, I have some bitcoin I have managed to hold till now and I'm holding tight, I'm compelled sometimes with life challenge to sell despite having some profits already but I'm still holding expecting what the future hold to bitcoin this time. I want to see how far we are going this time and what is going to happen before the halving and after the halving, specifically the fees that are now object of manipulation and discussion. I want to see how everything will go this time around and be part of the journey.

Same here. I'm curious what'll happen to Bitcoin post-halving too.  Even with some uncertainties, seems like an exciting time to have skin in the bitcoin game.   

Who knows if selling now would be a mistake down the line.  I still believe cryptocurrencies will keep gaining traction.  Sure, bitcoins future impact is hard to predict precisely.  But, based on what I've researched, I'm hopeful and want to stick it out. 

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January 04, 2024, 07:41:09 PM
 #71

To OP, I have some bitcoin I have managed to hold till now and I'm holding tight, I'm compelled sometimes with life challenge to sell despite having some profits already but I'm still holding expecting what the future hold to bitcoin this time. I want to see how far we are going this time and what is going to happen before the halving and after the halving, specifically the fees that are now object of manipulation and discussion. I want to see how everything will go this time around and be part of the journey.

Same here. I'm curious what'll happen to Bitcoin post-halving too.  Even with some uncertainties, seems like an exciting time to have skin in the bitcoin game.   

Who knows if selling now would be a mistake down the line.  I still believe cryptocurrencies will keep gaining traction.  Sure, bitcoins future impact is hard to predict precisely.  But, based on what I've researched, I'm hopeful and want to stick it out. 
If this would be your first time on experiencing the halving event then better brace yourself as these things would really be totally random in speaking about movement.
Basing up on past events on which we are still on pre-halving season on which there would really be still that huge last dump before the market starts to have that bullish run but of course there's no way to detect it out
whether it would be happening on post halving or pre halving and this what makes it hard because we dont really know on when it would happen. Therefore, you should really that make yourself that getting prepared for whatever things that you would be able to encounter. The important thing on here is that you should really know to make out adjustments whenever you do be able to experience those unexpected conditions.

If you wont really be that making yourself that ready for this 2024 or even on further years then you wont really be able to survive such year on doing investment or trading.
Everything would really be that volatile and this is something that you should really be getting to be prepared on because if not then you do know on what would happen next.

R


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January 04, 2024, 09:29:44 PM
 #72

2024 will bring more excitement for crypto because of the upcoming big events that are bound to happen this year  so I will always be eager to invest and maximize my bitcoin accumulation regardless of its current high price. But if given the chance that bitcoin will drop its price deeply and will fall below $40k, I think that will create more opportunities for us to be highly profitable in the future while we continue to accumulate and maximize our bitcoin portfolio through DCA.

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January 04, 2024, 09:52:10 PM
 #73

2024 will bring more excitement for crypto because of the upcoming big events that are bound to happen this year  so I will always be eager to invest and maximize my bitcoin accumulation regardless of its current high price. But if given the chance that bitcoin will drop its price deeply and will fall below $40k, I think that will create more opportunities for us to be highly profitable in the future while we continue to accumulate and maximize our bitcoin portfolio through DCA.

If you have a good amount of spare money which is intended for savings, this is a good venue to invest your money. Yes, halving is one of those big events that may bring a positive impact on the market, though it's still risky as there are ups and downs which are normal, you need to be more precise with your goals to make sure that you will not go and panic when uncertain events take place.

Crypto investment needs not only your money, but more of your time to study and understand how the industry works and how you will find that good opportunity for a profitable venture in this market.

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January 04, 2024, 10:07:47 PM
 #74

Just wanted to touch base and see how your holidays are going. Any significant updates in your portfolio?
Historical data indicates that significant holidays, such as Christmas, tend to bring about noticeable shifts in trading patterns and market sentiments.


To be honest, I'm not ready yet, I'm still a little nervous. I'm still learning when it comes to crypto, I'm not fully knowledgeable yet, I don't want to repeat my previous mistakes, so I'm still skeptical.

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January 05, 2024, 07:06:36 AM
 #75

Most of us here probably want to make a profit in the cryptocurrency business. And the others even have the goal of buying a house and land, a simple business, and a car. These are just some of the things we want to get and achieve through the crypto industry we live in.

  So with these goals, as investors, we must know how to analyze potential cryptocurrencies and, at the same time, have extensive knowledge of crypto trading and the use of tool indicators, because that is important for trading investors in this field.
For me, bitcoin is not the tool that I am using to get to something else, for me bitcoin in itself is what I desire. Basically if we look at your example, you are saying that people are in crypto business to buy a house, let's assume that a house is 100k dollars, that means if I invest and eventually reach to 100k dollars, then I would stop trading and investing and just cash it out and buy that house? I would not really consider that as smart, whatever got me that much money, would get me even more so I will stay at Bitcoin, I wouldn't plan on putting it anywhere else.

Obviously, if I ever end up with silly amount of money, like a million dollars or more then I would diversify and buy a house or so as well but that will probably not happen. It's the crypto world, I have learned not to say never happens or anything, so even though I do not believe that would happen, I think the possibility somehow exists, and I would consider buying a house only in that case.

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January 06, 2024, 12:43:50 PM
 #76

2023 we experienced less volatile in trading Bitcoin during the 2nd quarter especially. Of which it affected some traders. because most traders rely on the volatility of Bitcoin to execute trades. But at the end of the year, there was a bullish movement in the price of Bitcoin and so many traders began to make good profit consistently.

The Christmas holiday and new year brought about some good tiding to traders and investors. I am beneficial of it. However, for now i will prefer holding what i have in my portfolio instead of day trading for some little profit. We are expecting so many news that will bring about a progress in the market so a, curiously waiting to hear.


2024 is another year of uncertainty in the crypto market.
You're the first person i read his comment on this thread that is believe that the market is uncertain. Others tend to be certain of what will be the price of Bitcoin this year and 2025. The cryptocurrency is filled with uncertainty. If i know what the price of Bitcoin would be tomorrow, next month or next. Unfailingly I will buy enough of it and even go as far as taking loan because i know i would soon be rich.

But if we are determined on our investments and we are focused on how to make it work and profits, I think we can always lessen the uncertainty in the market.
It is consistency. It is the key to a successful investment. This is what affect most bitcoin traders and investors especially those who are new to it. For old traders and investors, it becomes easy to maintain consistency because they have found a good strategy that works for them, so they stick to it until the market changes then they look for another strategy or shift a little in their current strategy. While for newbies, it is difficult to find a strategy that works for them. It will take them some time to get used to the pattern. During this period, they may lack consistency, and this would certainly affect their trade or investment.

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January 06, 2024, 05:54:46 PM
 #77

2024 will bring more excitement for crypto because of the upcoming big events that are bound to happen this year  so I will always be eager to invest and maximize my bitcoin accumulation regardless of its current high price. But if given the chance that bitcoin will drop its price deeply and will fall below $40k, I think that will create more opportunities for us to be highly profitable in the future while we continue to accumulate and maximize our bitcoin portfolio through DCA.

DCA is the way forward, and yes there are events like bitcoin halving and spot ETF lined up which will give boost to the Bitcoin price and at the same time when market remains highly positive the best we can do is to accumulate Bitcoin as much as possible. Just need to keep in mind that we are betting on 2024 but rather 2025 could be the bullish year if we follow the pattern of last two bull runs as they started the next year from the time halving took place. I am positive about market even if it goes either ways if it pumps then it's good if it dumps then we should consider that as time for Bitcoin accumulation.









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January 07, 2024, 10:58:43 AM
 #78

even though it's a halving year, usually before halving the price goes down. so wait for a deep price correction and then buy a lot and hold.
Next year will definitely profit a lot.
But yes, you have to be patient waiting for the sale not to be too hasty. and the buy is waiting for a correction to the low price point,

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January 07, 2024, 11:22:53 AM
 #79

Just wanted to touch base and see how your holidays are going. Any significant updates in your portfolio?
Historical data indicates that significant holidays, such as Christmas, tend to bring about noticeable shifts in trading patterns and market sentiments.
People with smart minds are always growing their portfolios with spot trading and multiple investments. there are always opportunities to make more money in crypto. I don't think waiting for such vacation times to invest in crypto is a good thing. sometimes these vacations can be beneficial but sometimes not. now see for yourself. Holidays have passed already. the second week of this year is about to start. but the Crypto market didn't make any major moves. maybe because ETF and halving are upon us, that is why.
Big traders are probably waiting for some certainity in market before filling their bags further more.



 

 

 

 

 

 


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January 07, 2024, 11:37:32 PM
 #80

...Who knows if selling now would be a mistake down the line.  I still believe cryptocurrencies will keep gaining traction.  Sure, bitcoins future impact is hard to predict precisely.  But, based on what I've researched, I'm hopeful and want to stick it out. 

If you have doubts, then sell half of your coins, and continue holding the other half. In this case, if the price drops, you will have the money to buy again at a reduced price. Well, if the price increases, then you will have the second half left for sale.

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..BUY/ SELL CRYPTO..
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